RE:Now is the best time to invest in Reliance Power shares
by Rigved Korgaonkar on Mar 18, 2008 03:46 PM Permalink
THE SENSEX WILL FALL TO 9025 POINTS IN NEXT 2 WEEKS WARNING!!! WARNING!!! WARNING!!! THE SHARE MARKET WILL CRASH TO 9025 POINTS IN NEXT 2 WEEKS. BEWARE BEWARE BEWARE. PLEASE OBSERVE AND ANALYSE THE MARKET TREND AND YOU WILL SEE THE TRUTH. SAVE YOURSELF BEFORE ITS TOO LATE.
RE:Now is the best time to invest in Reliance Power shares
by Senthil Kumar on Mar 09, 2008 10:38 AM Permalink
For sure the stock will go below 300 in the coming weeks , I would suggest to start buying at 294, 274 and finally at 254 levels. If you are buying 100 shares , buy 40 shares (40%) at 294 and then 30% at 274 and finally another 30% at 254. You're average buy price will be 276 for 100 shares. In this case u can expect 100% returns in a span of 3 years. The stock will be trading at a minimum of Rs.550 in 2011.
RE:Now is the best time to invest in Reliance Power shares
by Uma on Mar 09, 2008 10:55 AM Permalink
Anil Ambani is not ethical. Don't invest in that group. There are other great companies.
RE:Now is the best time to invest in Reliance Power shares
by sujoy sharma on Mar 09, 2008 09:46 PM Permalink
I fully agree with you he is childish and publicity hungry unlike his brother mukesh ambani.Stay away from reliance group go for tata motors,tata is the only ethical busuness house of india
RE:Now is the best time to invest in Reliance Power shares
by arp on Mar 18, 2008 11:50 AM Permalink
R Power is on paper.A Ambani sold dreams and fool investor traped.In prospectus he mentioned that there is no arrengement for gas and co will generete power after 2011 in small and it will take time up to 2015.R power will come up to 100 bucks in future.
RE:12th thing you should not do with your money
by Shahnawaz Bhat on Mar 09, 2008 09:24 AM Permalink
Dear Neel Reddy,
Without investment and portfolio knowledge you can not specify which company is deducting what.ULIP is talk of town,last year insurance industry sold 76% ULIP products in market.Birla Sunlife was first company to launch ULIP concept in india.They have Products with entry load of 2% to 65%, it depends on customers need and knowledge which product one should buy.ULIP are giving returns at par or more than ELSS Mutual Funds and fund managers can shift 100% in Debt market, when market ids bearish and 100% in Equity market, when is bullish.ULIPs give you benefit of Sec 80c and Sec 10(10D) and can provide you benefits of Life insurance cover as per your need and human life value.I recommend you to read economic times,watch business channels and read business magazines to develop your knowledge.Cheers!!!S Bhat, Bangalore.
RE:RE:12th thing you should not do with your money
by Neel Reddy on Mar 09, 2008 10:32 AM Permalink
Dear Shahnawz,
I have similar ULI plans with Birla Sunlife and ICICI Prudential. ICICI Preudential investment has more than doubled by now. Birla Sunlife premium has reduced by 30%. I don't know when it will even break even. I have got BSL policy through CItibank and they did not even bother to explain about the initial load which was 65%.
RE:12th thing you should not do with your money
by Priyanka Aggarwal on Mar 09, 2008 12:38 PM Permalink
Citibank is a true distributors projecting themselves as financial advisor. Speak to any Citibank Wealth RM and tell him/her you want to invest in a secured plan, long term and regularly...All of them will say Birla Flexi Life Line ..as the product attracts greater than 50% revenue.I am not saying the plan is bad, but most of these so Called Wealth RM work hard to increase the revenue for the bank and incentives for themselves at the cost of ignorant customers. Please check on charges before investing and also suitability of plans as per your financial goals.
RE:12th thing you should not do with your money
by ausi ka baap on Mar 09, 2008 03:01 PM Permalink
i think ulip schemes of all insurance companies take around 22% to 28% of ur savings in the first 3 years. so dont b specific on birla sunlife. its the strategy of ulip schemes. before taking the policy, read carefully and compare other company's schemes also. dont go by the agents bcoz, they wnat to earn commission. i hv observed agents advocating ulip schemes instead of mf investment since in mf, they get comision only once, whereas in ulip, they get comision every year.
What a salaried person will do when his fixed income is not sufficient to meet the monthly expenses? From where he will save to start another account? Saving is a dream now a days for most of the people, let alone starting another account.
Hi, I'm relatively young and do not possess enough knowledge on recurring deposits. I have a savings account in an SBT bank, do I need to create a new account to indulge in recurring deposits or can I use my savings bank account for that purpose? Please advice...
RE:I need advice
by Sanjay Chadha on Feb 26, 2008 10:19 AM Permalink
Dear a bank can give u a maximum of 10 % pa by way of FD or Recurring Deposit. Since u r young, and cantake a bit of risk my advise is to go for mutual funds as these can easily give u a return of around 25 % annually in for a period of atleast 3 yrs. if you don't have a lumsum money choose a mode of SIP.
RE:I need advice
by ausi ka baap on Mar 09, 2008 03:06 PM Permalink
sip- systematic investment plan, just like recurring deposit in bnk, for periodic investment to the mf.
RE:I need advice
by koshal basu on Feb 26, 2008 12:15 PM Permalink
Yes you need a recurring deposit account seperately. But you may give standing instructions to your banker to debit the recurring deposit amount from the existing savings account and credit the same in your recurring account.
RE:I need advice
by P Ramesh Thantri on Feb 23, 2008 07:20 PM Permalink
You can use ur savings a/c for recurring deposit. Just ask ur bank and they will allocate amount(as planned by you) to recurring deposit every month. You can also opt for fixed deposit as interest rate is higher in this case than recurring deposits.
If you are a conservative investor who is afraid of losing you capital, invest in term deposits (which offer upto 9.5 % interest now) for simple interest and invest the interest in SIP of mutual funds. Your deposit is safe your interest multiples as the market goes up.
RE:Conservative Investor
by sujoy sharma on Mar 16, 2008 07:29 PM Permalink
Days of market going up are over.The bubble has burst it can only be downward journey to 11000 from now
